| The fundamentals of the global gold market could point to modestly higher prices in 2015, according to a commodities analyst. Victor Thianpiriya, commodity strategist at ANZ Bank, expects gold prices to average around $1,238 per ounce for 2015, an increase of over 3.5% from 2 January's spot price, which hovered at $1,194.10 at midday.
Thianpiriya, in ANZ's 2015 outlook report, published last month, also said the Australian bank expects Chinese demand for physical gold to remain consistent in 2015, but that prices needed to move up to attract new buyers to the market place...............................................Full Article: Source
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